Independent hotels in South Africa have achieved a new precedent in revenue per available room (RevPAR) performance over the festive season, measuring R2 197 (€107) on December 31 – the highest volume recorded by hotel management software company, RoomRaccoon, since it launched its South African division in November 2017.
The data analysed the booking data from over 4 500 rooms in boutique hotels, B&Bs and guesthouses using RoomRaccoon’s leading hotel management software across the country.
According to RoomRaccoon, independent hotels in South Africa reported a 9% increase in RevPAR, the standard metric for measuring top-line performance, on New Year’s Eve compared with 2022.
This increase can be attributed to consistently strong occupancy rates, which measured 76% in 2023, as well as a notable increase in Average Daily Rate (ADR), climbing from R2 560 (€125) in 2022 to R2 890 (€141) in 2023.
Niels Verspui, Market Head of RoomRaccoon South Africa, said: “The…
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